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Swiss Re's 2013 profits reach $4.4bn

Swiss Re at 30 St Mary Axe

Reinsurance giant Swiss Re increased profits and premiums last year.

Net income was $4.4bn in 2013 compared to $4.2bn in 2012. Swiss Re was buoyed by a fourth quarter profit of $1.21bn compared to $795m in Q4 2012.

The property and casualty division's profits climbed

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